Southwest Airlines reported an operating expense of about 25.9 billion U.S. dollars in 2023. The company's operating expenses increased incrementally from 2015 before declining in 2020. Operating expenses started increasing again in 2021 and outpaced pre-pandemic operating expenses in 2022, achieving an all-time high of the recorded period in 2023. Operating expenses include costs such as maintenance, luggage handling, airport fees, and marketing.
Southwest's operating expenses from FY 2011 to FY 2023
(in billion U.S. dollars)
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Southwest Airlines. (March 27, 2024). Southwest's operating expenses from FY 2011 to FY 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/595517/operating-expenses-of-southwest-airlines/
Southwest Airlines. "Southwest's operating expenses from FY 2011 to FY 2023 (in billion U.S. dollars)." Chart. March 27, 2024. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/595517/operating-expenses-of-southwest-airlines/
Southwest Airlines. (2024). Southwest's operating expenses from FY 2011 to FY 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/595517/operating-expenses-of-southwest-airlines/
Southwest Airlines. "Southwest's Operating Expenses from Fy 2011 to Fy 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 27 Mar 2024, https://www.statista.com/statistics/595517/operating-expenses-of-southwest-airlines/
Southwest Airlines, Southwest's operating expenses from FY 2011 to FY 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/595517/operating-expenses-of-southwest-airlines/ (last visited November 23, 2024)
Southwest's operating expenses from FY 2011 to FY 2023 (in billion U.S. dollars) [Graph], Southwest Airlines, March 27, 2024. [Online]. Available: https://www.statista.com/statistics/595517/operating-expenses-of-southwest-airlines/
